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Financing Of Nearly 660m Drams Envisaged By Ra Draft State Budget Fo

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  • Financing Of Nearly 660m Drams Envisaged By Ra Draft State Budget Fo

    FINANCING OF NEARLY 660M DRAMS ENVISAGED BY RA DRAFT STATE BUDGET FOR HOLDING 2008 PRESIDENTIAL ELECTIONS

    Noyan Tapan
    Oct 30, 2007

    YEREVAN, OCTOBER 30, NOYAN TAPAN. According to the RA draft state
    budget, it is envisaged to allocate nearly 660m drams and 717m drams
    (nearly 2.2m USD), respectively, to the Central Electoral Commission
    for holding presidential and local self-government elections in
    2008. Financing from then state budget for holding presidential
    elections is envisaged to the amount of one tour's expenditures. In
    case of a necessity to hold a second tour additional financing will
    be made from RA government's reserve fund.

    It should be mentioned that the financing of the 2008 presidential
    elections has grown as compared with the 2003 elections, which is
    mainly conditioned by the requirement to hold votings with envelopes
    in Armenia as a result of the amendments made to the Electoral Code,
    as well as by introduction and operation of a common computer network
    connecting district electoral commissions functioning in the regions
    with the Central Electoral Commission.
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